DFX Intelligence

Independent Sponsor Intelligence

A national record of lower middle market ownership transitions, the verified independent sponsors that have bought companies like them, and the capital observed financing those deals. Facts, inferences and estimates are labelled as such, with the source and the date, on every row.

Market activity

Ownership and acquisition activity

What changed hands, what probably did, and what moved without a known cause, on the public record of privately held employers. Four classes that are never conflated, and on every row: what changed, the buyer if one is known, whether the line is a fact or an inference, the rule and its measured precision when it is inferred, the source, and when it was last verified.

Confirmed transaction

1,284

Public transaction evidence identifies the ownership transaction, and usually the buyer. The source URL is on the row.

Likely ownership change

Structural observations on the filing strongly imply ownership changed (the plan sponsor of record became a holding or acquisition vehicle), but no announcement has been found. The rule and its measured precision are on the row.

Company transition

14,571

A meaningful company or plan transition occurred: a final filing then absence from the record, a final filing whose next year is not yet published, a sponsor rename or EIN change. The economic cause is unresolved and is not asserted.

Unresolved record departure

3,532

The company left the observable Form 5500 universe with no final filing and no successor EIN. Absence is observed; the cause is not, and a late filer can still reappear. Never counted as a transaction.

Not counted as activity.

15,905 rows of activity across the first three classes; 3,532 unresolved departures are listed only when asked for. 1,159 rows name a buyer. The full event tape, every source and every event type, is at Event tape.

Confirmed transaction

Public transaction evidence identifies the ownership transaction, and usually the buyer. The source URL is on the row.

All 1,284 confirmed rows

12 rows · latest 12 first



Sep 15, 2026	Confirmed	fact	SiteScapes	Recapitalisation	·	85%
Sep 11, 2026	Confirmed	fact	Casteel Automatic Fire Protection,	Add on by Summit Fire & Security	Summit Fire & Security	90%
Sep 10, 2026	Confirmed	fact	Navajo Expedited	Platform acquisition by Centre Partners	Centre Partners	90%
Sep 10, 2026	Confirmed	fact	Navajo Expedited	Platform acquisition by Altivare Capital Partners	Altivare Capital Partners	75%
Sep 9, 2026	Confirmed	fact	Trinity Steel Services	Platform acquisition by Crosstown Capital Partners	Crosstown Capital Partners	70%
Sep 9, 2026	Confirmed	fact	StanChem Resins and Dux Coatings	Platform acquisition by Glen Oaks Capital	Glen Oaks Capital	90%
Sep 9, 2026	Confirmed	fact	Craig Wire Products LLC	Platform acquisition by Salt Creek Capital	Salt Creek Capital	95%
Sep 9, 2026	Confirmed	fact	MAK Steel Services	Platform acquisition by Crosstown Capital Partners	Crosstown Capital Partners	70%
Sep 3, 2026	Confirmed	fact	Myers Tire Supply	Platform acquisition by Lion Equity Partners	Lion Equity Partners	70%
Sep 2, 2026	Confirmed	fact	Tingley Roofing	Add on by Six Pillars Partners	Six Pillars Partners	85%
Sep 2, 2026	Confirmed	fact	Electronic Power Design Inc	Add on by Voltaris Power LLC	Voltaris Power LLC	90%
Aug 31, 2026	Confirmed	fact	Horsepower Automotive Group	Platform acquisition by River Associates Investments, L.P.	River Associates Investments, L.P.	70%

Likely ownership change

All 50 likely rows

12 rows · latest 12 first



Nov 1, 2024	Likely	inference	LMC Asset Acquisition LLC (formerly LINDQUIST MACHINE CORPORATION)	Plan sponsor of record changed from LINDQUIST MACHINE CORPORATION to LMC ASSET ACQUISITION LLC, a deal-structure style name; no announcement found	·	85%
Jan 1, 2024	Likely	inference	Dreamcraft Holdings LLC (formerly SLEEP TIGHT)	Plan sponsor of record changed from SLEEP TIGHT to DREAMCRAFT HOLDINGS LLC, a holding-company style name; no announcement found	·	60%
Jan 1, 2024	Likely	inference	IAC Buffalo Holdco LLC (formerly BUFFALO LUBE ASSOCIATES, LP)	Plan sponsor of record changed from BUFFALO LUBE ASSOCIATES, LP to IAC BUFFALO HOLDCO LLC, a holding-company style name; no announcement found	·	60%
Jan 1, 2024	Likely	inference	Power Lift Acquisitions, Inc. (formerly CONNER ATHLETIC PRODUCTS, INC. - DBA POWER LIFT)	Plan sponsor of record changed from CONNER ATHLETIC PRODUCTS, INC. - DBA POWER LIFT to POWER LIFT ACQUISITIONS, INC., a deal-structure style name; no announcement found	·	85%
Jan 1, 2024	Likely	inference	DEI Acquisition LLC (formerly DESIGN ENVIRONMENTS, INC)	Plan sponsor of record changed from DESIGN ENVIRONMENTS, INC to DEI ACQUISITION LLC, a deal-structure style name; no announcement found	·	85%
Jan 1, 2024	Likely	inference	Auto Gallery Holdings Inc (formerly AUTO GALLERY INTERNATIONAL INC)	Plan sponsor of record changed from AUTO GALLERY INTERNATIONAL INC to AUTO GALLERY HOLDINGS INC, a holding-company style name; no announcement found	·	60%
Jan 1, 2024	Likely	inference	14 Technology Holdings, Inc. (formerly BLUELABS)	Plan sponsor of record changed from BLUELABS to 14 TECHNOLOGY HOLDINGS, INC., a holding-company style name; no announcement found	·	60%
Jan 1, 2024	Likely	inference	Ssgl Holding Inc (formerly STANLEY STEEMER GREAT LAKES INC)	Plan sponsor of record changed from STANLEY STEEMER GREAT LAKES INC to SSGL HOLDING INC, a holding-company style name; no announcement found	·	60%
Jan 1, 2024	Likely	inference	Chipor Holdings, LLC (formerly THE REVELRY GROUP)	Plan sponsor of record changed from THE REVELRY GROUP to CHIPOR HOLDINGS, LLC, a holding-company style name; no announcement found	·	60%
Jan 1, 2023	Likely	inference	Third Bench Holdings, LLC (formerly SANTA FE FLOORING LLC DBA OGB ARCHITECTURAL MILLWORK, INC.)	Plan sponsor of record changed from SANTA FE FLOORING LLC DBA OGB ARCHITECTURAL MILLWORK, INC. to THIRD BENCH HOLDINGS, LLC, a holding-company style name; no announcement found	·	60%
Jan 1, 2023	Likely	inference	PBS Holdings Inc (formerly TRUSS T STRUCTURES INC)	Plan sponsor of record changed from TRUSS T STRUCTURES INC to PBS HOLDINGS INC, a holding-company style name; no announcement found	·	60%
Jan 1, 2023	Likely	inference	Lmnop Holdings, LLC (formerly ABEL, MCCALLISTER & ABEL, LLC)	Plan sponsor of record changed from ABEL, MCCALLISTER & ABEL, LLC to LMNOP HOLDINGS, LLC, a holding-company style name; no announcement found	·	60%

Company transition

All 14,571 transition rows

12 rows · latest 12 first



Oct 1, 2025	Transition	fact	Yoder Industries, Inc.	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Aug 1, 2025	Transition	fact	Independent Case Management, Inc.	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Jul 15, 2025	Transition	fact	ALL in All Home Care	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Jun 1, 2025	Transition	fact	Glenn Burdette, Inc.	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
May 1, 2025	Transition	fact	Ditron, Inc.	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Apr 29, 2025	Transition	fact	Brooks Eye Associates, PLLC	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Apr 1, 2025	Transition	fact	KW Associates, LLC DBA Kw Beverage	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Apr 1, 2025	Transition	fact	Jerry Kelly Heating & Air Conditioning, Inc	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Apr 1, 2025	Transition	fact	Green International Affiliates, Inc	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Apr 1, 2025	Transition	fact	IG Design Group Americas Inc.	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Mar 1, 2025	Transition	fact	The Center for Youth and Family Solutions	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%
Mar 1, 2025	Transition	fact	Crandell Bros. Trucking	Final Form 5500 for 1 plan(s); the following plan year is not yet on the record	·	80%

Each band above shows its latest 12 rows so this page opens quickly on a phone. Show the long page for more per band, or open a class to page through all of it.

Behind the filter

3,532 companies left the observable Form 5500 record with no final filing and no successor EIN. Absence is a fact about the record; the cause is not observed, and a late filer can reappear in a later edition. These rows are never counted as transactions and never appear in a sponsor history. Show unresolved departures.

The weekly brief

Tell us your two sectors. Every Monday: every deal announced in them, the buyer, the company and the capital named on it, and the ownership changes DFX read out of the filings.

Set up my brief No password. The first brief shows on screen before you confirm anything.

Capital provider? The lender edition leads with the sponsors that closed in your sectors and who financed each one.